Amerisur Resources Share Discussion Threads

[moneylender] 07/5/2019 07:05

Oba third party throughput agreed RNS

[lucyp00p] 07/5/2019 00:05

Are you for real? You think this thread should be full of praise for a narcissist and his cronies who could not have presided - for many many years over a resource rich asset with a fantastic outlook who's share price has performed as bad as this? Stop pretending you have a clue what this company is about......until you do.

[bryet] 06/5/2019 21:53

So tomorrow share price up or down?.

[treasure] 06/5/2019 21:52

And also why all of a sudden there are loads of new negative posters on here and LSE more recently singing the same tune that the BOD are this that and the other. Only a short month or so ago these boards were full of positives until the Calao duster happened and the Amer BOD get the blame for it. ONGC are the operator of CPO -5 not JW and the BOD. It's shameful, it really is. Can I ask some of you to cast your mind back a couple of years and what happened to Glencore, shorted and shafted from around a fiver to 60p. A huge business that had its share price shat on and manipulated to in a short space of time back at around a fiver. The GLEN BB's littered with shate just like here....and it's not getting out GC is gonna make all and sundry start making offers for Amer. Why would they not do it when the share price is low and GC is in place. Totally defeats the eggs that are being scamled here.

[treasure] 06/5/2019 21:27

Lucy, read my post properly, I did not say that did I. If the share price hits 30 then there ltip will pay out, at present it won't so unless there is lots of juicy news and we get to 30p then they win as well as shareholders and at present that ain't likely that's what I'm saying. All this stuff about greed, means jack on the 2016 awards profile that who ever it was re posted the ST link....which is what I'm saying. This is my eyes is the usual manufactured news by who ever it is that's controlling things or partly and why the AGM is moved to London cos we know the record is playing but can't hear the music yet.

[lucyp00p] 06/5/2019 20:49

"SP hits 30" - whatever it is that you are smoking, dial back the dose. Nobody wants to own a significant part of a company controlled by Giles Clarke. He cannot be trusted and is fully responsible for the state the share price is in at present. If he were removed from the equation and took his shell company interests with him, a takeover would happen immediately at these fire sale prices. A bidding war would ensue and then your 30p target is on. Don't defend this appalling man, it makes you sound ridiculous.

[kaos3] 06/5/2019 20:48

excuse me - last year they did drill by them self - what?

what additional net quantity did they add? of all that promised drills?

what is the success story that I am missing?

ok. they did spend money on oba, license, de wax, clean up and.....
investing is easy.

when their 70 % partner got it - they cant claim it for them selves - that was done when they got the CPO5 license. and along they go. like a kid under a skirt. what else can they do but toddle along?

their own net production increase is?
their own net cash surplus is?
my cash from them is?
SP increase is?

I do not mind about the future rewards when evaluating their last year drilling performance(their work) - which is the business they are in.

[lordyjordy1] 06/5/2019 20:41

The thread on lse chat is urging people to vote against resolutions 2 and 4. I agree with this and have contacted my broker to instruct them to do this. If your think their being greedy pull your finger out and get voting.

[treasure] 06/5/2019 19:24

quidnunc, like your post there. Just a load of music like what you get every so often. The bit I like with GC is his connections, especially in India. Probably does not get the credit he deserves.JW as he says himself is the technical guy. All that is about greed and the ST article recently and especially the 2016 article recently regurgitated on here. Bottom line, people are fed up the share price is not as high as hoped etc and to much greed on the BOD. Well the 2016 one matures this month and they will not get squat diddly as things stand and from memory the share price needs to hit around 27p for JW, GC and NH to get to holding the folding. So to who ever keeps peddling read the facts, they are worthless at the moment. If, and a big if loads of juicy news released over next 10 days or so and the share price hits 30p. Shareholders here will be happy and not moan that the 3 mentioned are up on the deal. Short memories.

[quidnunc] 06/5/2019 19:09

However, GC might, with some justification, argue that the company is not responsible for the SP, the markets are and that, under his stewardship, the company has increased both in size and profitability and despite all the company achievements in acquisition, drilling and exporting, the markets do not reflect the true value.He could also, with some justification, argue that large shareholders like RH and Michinoko are the problem, accountable to no one but capable of trashing the share price over long periods of time. The institutions at least have to answer to their investors. I think harsh words will be said but I'll be surprised if there's a coup.Q

[3roach] 06/5/2019 18:42

If the heat is likely to be turned up at this years AGM why host in London, surely more hot pokers there than in Cardiff?

[quidnunc] 06/5/2019 18:33

Well if you do the math, it's certainly possible that GC could be voted out.It does rely on a large number of the institutional investors getting together. III are simply holding for small pi's so unlike to do other than offer their subscribers the chance to vote their shares.If you heatmap GC and Michinoko they do seem to occur together in several situations which is why I think a few suspect there's more than a passing coincidence there.Q

[lw425] 06/5/2019 15:09

I keep reading about how undervalued this share is therefore I keep coming back for another read.

The conclusion I arrive at is that it isn't on current facts.

[bryet] 06/5/2019 15:01

If that happens we are well stuffed but I don't think so keep the faith Lths it will all come good.

[rollthedice] 06/5/2019 13:53

Better hope that Michinoko dont start offloading their holding disillusioned with AMER's non-performance (against BODs own production targets/drilling timescales) or we're royally #@$%#?&.

[moneylender] 06/5/2019 13:23

Can't really see 50% of cast votes going against GC. Infact can't see minchinoku voting against him either, this is all a ruse, I just don't know what it's all about yet.

[lucyp00p] 06/5/2019 13:11

The management doesn't need to deliver what it promises, it just needs to promise what it can deliver.

[bryet] 06/5/2019 11:28

Hope Michinokos move brings a few other large share holders on board its time for a management change imo somebody who can deliver what they promise just hope this has a positive effect on the share price Onwards and upwards we need change.

[kaos3] 06/5/2019 10:12

it is always the editor - never a jurno in my experience. and has to be rewarded in a kind.

editor is like a banker - a NO man. selling not to publish and just sometimes to ...

[davwal] 06/5/2019 10:07

I love the idea that Michinoko suddenly responds to speculation on BBs...

[lucyp00p] 06/5/2019 09:33

I'm pretty sure that if my dog called the ST and said he was Michinoko, they would publish that story.....and probably one about a talking dog.

[gemlotte55] 06/5/2019 09:23

Like the bit from the article that shares closed at 27.5p!

[foiledagain] 06/5/2019 09:15

FOR SALE

Amerisur Resources: All its ducks lined up.

Offers in excess of $1.5bn considered

Not suitable for a mortgage


Sad that the fictional advert above may represent the situation, which in my opinion would be terrible timing and a prelude to getting a substandard offer well below asking price and well below its worth when Occi starts drilling and when the ducks that ARE lined up, start producing.

You really do have to wonder what machiavellian plan is being worked. A veritable feast for conspiracy theorists. Is it to go private at pathetic price, is Michinoko playing the game to deflect from some of the concerns raised on this BB? Does Giles want to go anyway? I DON'T KNOW.

After some of the concerns raised that Michinoko suddenly raise their heads and personal contact with Times journalists to indicate how they and others were going to vote is this anything other than a storyline from a children's Br'er Rabbit book....especially the plot where finally caught by Br'er Fox he pleads NOT to be thrown into the bramble patch, where of course he can escape and wants to be thrown.

"When Br'er Fox reveals himself, the helpless but cunning Br'er Rabbit pleads, "please, Br'er Fox, don't fling me in dat brier-patch," prompting Fox to do exactly that. Bre'r Rabbit was located in this brier patch, described as "small yet bright". As rabbits are at home in thickets, the resourceful Br'er Rabbit uses the thorns and briers to escape."

[foiledagain] 06/5/2019 09:01

They didn't seem to learn much from 2016 again it was in The Times, but no mention in that of Michinoko.

Interesting though that the story was from different journalists so its not a single point of contact.